Restaurant With Real Estate For Sale in South Jersey

Asking Price$2,900,000

Cash Flow
$213,000

EBITDA$213,000

Gross Revenue$806,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price
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Restaurant With Real Estate For Sale in South Jersey


Asking Price$2,900,000

Cash Flow
$213,000

EBITDA$213,000

Gross Revenue$806,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price

Seller Financing Available
Business Description
Restaurant with Real Estate for Sale in South Jersey. Currently only opened to serve breakfast and lunch. This location is a large corner property on a busy highway with excellent demographics. 7,000 square foot building sitting on 1.16 acres. This restaurant comes with a liquor license already in place. Potential for new owner operator to increase sales by extending hours to include dinner service and better utilize large bar area. Seller will hold $500,000.
About the Business
Years in Operation
49
Employees
16
Facilities & Assets
Current hours of operation are Tuesday thru Sunday 8 am to 3 pm.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Retiring
Transition Support
2 Weeks
Financing Options
Seller will hold $500,000 at 6%, 5 year balloon / 25 year payout.
Listing Info
ID
2370585
Listing Views
395

Contact Seller

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Business Listed by: Maureen Murray-OMalley Murray & Associates

Listing ID: 2370585 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.